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Apr 22, 2013
04/13
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CNBC
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that got so high on apple? >> i guess the real risk of self-incrimination i'm going to go ahead and say wall street expectations. i mean, the company has done a fantastic job over the last decade with their product portfolio. and they've really come to dominate a couple markets. tablets, obviously, and smartphones as well. i think the biggest problem is that they've taken all the profits that are available there. and there just isn't room to grow once the market is saturated. >> bill, what do you nithink is going on? from the outside it would appear one of the knocks on apple right now is t innovation is more incremental than transformational. steve jobs is gone. should expectations be coming down anyway for this company? >> i think you're right, bill, the company has been a victim of its own success. they beat wall street expectations for over 30 quarters. i think lulled us all into believing that would extend forever. think about the stock at $700 in the fall. people were starting to bake in apple tv estimate
that got so high on apple? >> i guess the real risk of self-incrimination i'm going to go ahead and say wall street expectations. i mean, the company has done a fantastic job over the last decade with their product portfolio. and they've really come to dominate a couple markets. tablets, obviously, and smartphones as well. i think the biggest problem is that they've taken all the profits that are available there. and there just isn't room to grow once the market is saturated. >>...
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Apr 17, 2013
04/13
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CNBC
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>> a lot of traders have been watching apple closely. we'll watch it tomorrow real closely, see where it bounces, if, in fact, it does bounce, but apple leads the nasdaq all the time. >> alan valdez, thank you for joining us,s
>> a lot of traders have been watching apple closely. we'll watch it tomorrow real closely, see where it bounces, if, in fact, it does bounce, but apple leads the nasdaq all the time. >> alan valdez, thank you for joining us,s
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Apr 23, 2013
04/13
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CNBC
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i thought it was just apple, actually. >> yes, there is apple, but you also have at&t and yum! brands as well. >> i think we'll focus on europe. the whisper numbers for apple have gotten maybe out of control, but the market has taken so much out of it already, it's poised for upside, i think. >> the expectations are for $10.01 from an apple, but whispernumber.com says it could be as high as $10.56. >> i've heard even $11. >> there you are. we're in whisper number mode right now. thank you, all. good to see you. thanks for joining us. >>> we're headed towards the close, 50 minutes left in the trading day in what has been a wild day again. the dow is up 135 points. we were up 153 at the high of the day. >> you can see it on this chart, which is just so stunning. right after 1:00 p.m. eastern, you can see the dow plunge and snap back almost immediately after the report that, in fact, it was erroneous, that was a fake terrorism tweet from the associated press, because they were hacked. is there any way to prevent this kind of hacking, which had a huge impact on the markets today. t
i thought it was just apple, actually. >> yes, there is apple, but you also have at&t and yum! brands as well. >> i think we'll focus on europe. the whisper numbers for apple have gotten maybe out of control, but the market has taken so much out of it already, it's poised for upside, i think. >> the expectations are for $10.01 from an apple, but whispernumber.com says it could be as high as $10.56. >> i've heard even $11. >> there you are. we're in whisper...
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Apr 17, 2013
04/13
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let's start with apple making a new 52-week low, slipping at one point below 400 bucks. analysts saying one catalyst for today's sell-off, that weak revenue forecast from apple's supplier, sirius cirrus logic. and bank of america also in the red. worst day for that dow component this year. posting profits and revenue that disappointed the street. and we were watching copper today, the red metal settling at the lowest level from 2011. freeport mcmoran down hard. fairway, priced at 13, above the range, open at 18 on the nasdaq, ticker fwm, surging some 33% in today's session. american express, the global financial services firm reported after the bell, beat on the bottom line, missed on revenue stock following in the after-hours. also reporting, ebay, the world's biggest online market place. first quarter revenue just missed, beat on the bottom line. the issue for investor, revenue guidance. bill, back to you. >> all right, josh, thank you very much. take a good look at this number. 14,545 on the dow. because our next guest says the party's over, if the dow closes at that
let's start with apple making a new 52-week low, slipping at one point below 400 bucks. analysts saying one catalyst for today's sell-off, that weak revenue forecast from apple's supplier, sirius cirrus logic. and bank of america also in the red. worst day for that dow component this year. posting profits and revenue that disappointed the street. and we were watching copper today, the red metal settling at the lowest level from 2011. freeport mcmoran down hard. fairway, priced at 13, above the...
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Apr 16, 2013
04/13
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that doesn't seem like it's apples to apples. you've got "x" items on the 34 cents. but let me dig deeper into that. in terms of the revenue numbers, paul, what's your take there? you've got 1.07 billion in revenue for the first quarter. is that what you were looking for? >> yeah, that's about right. maybe a very, very slight miss. maria, my problem with this company is, even though the company has done particularly well, stabilizing the business under the ceo mayor, you have a company that's expected to continue to grow about 2% per annum and it's trading at 20 times earnings. and so the pop that we've seen in the stock over the last 12 months, it's up 60% versus 12% for the s&p 500, i think the pop has already been had. >> so, basically, you feel that the valuation has become extended. you want to sell yahoo! here at 23.80? >> i probably would. maria, remember back in the late '90s, we were on a television show together called market week. and that was back in '99. and we used to talk a lot about yahoo! back then. the problem with the story is, that was its final h
that doesn't seem like it's apples to apples. you've got "x" items on the 34 cents. but let me dig deeper into that. in terms of the revenue numbers, paul, what's your take there? you've got 1.07 billion in revenue for the first quarter. is that what you were looking for? >> yeah, that's about right. maybe a very, very slight miss. maria, my problem with this company is, even though the company has done particularly well, stabilizing the business under the ceo mayor, you have a...
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Apr 18, 2013
04/13
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FBC
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so, just how big a deal is apple soup? well, it's down about 44%, of of its record close from november november 2012. today is almost half that. look at this. what a change we have seen there. the nasdaq, just 8 percent of the nasdaq. another closely watched name. j.c. penney, the total opposite situation. they may have reason to smile. a desperate need of cash. not a breaking story, but it could get the $500 million infusion in the form of a loan from wells fargo. that would apparently be back by the retailers' inventory and accounts receivable. let's focus on the markets as you mentioned, don't count down earnings. we have ibm on deck. right now the markets are reflecting the nonbelievers out there. doreen, what you believe that is? >> clearly we have a change in sentiment from the traders. plenty of people that are welcoming these downdrafts money back into the market. still pretty well liked. we still have a lot of corporate earnings taking place, so there is good news in months all of these. liz: i guess you can say t
so, just how big a deal is apple soup? well, it's down about 44%, of of its record close from november november 2012. today is almost half that. look at this. what a change we have seen there. the nasdaq, just 8 percent of the nasdaq. another closely watched name. j.c. penney, the total opposite situation. they may have reason to smile. a desperate need of cash. not a breaking story, but it could get the $500 million infusion in the form of a loan from wells fargo. that would apparently be back...